polb90terms.docx

1 Global Civil Society2 ASEAN The ASEAN Foundation was established by the ASEAN Leaders in December 1997 during ASEANs 30th Anniversary Commemorative Summit to help bring about shared prosperity and a sustainable future to all 10 ASEAN Member Countries namely Brunei Darussalam Cambodia Indonesia Laos Malaysia Myanmar the Philippines Singapore Thailand and Viet Nam In recognition of the fundamental importance of improving the livelihoods and wellbeing of the peoples of Southeast Asia and the need to promote ASEAN awareness as well as peopletopeople contact through scholarships fellowships and other exchanges the Leaders of the Association of Southeast Asian Nations ASEAN agreed to establish the ASEAN Foundation on 15 December 1997 in Kuala Lumpur during the Associations 30th Anniversary Commemorative Summit The ultimate aim was to help bring about shared prosperity and a sustainable future to all ASEAN countries3 Bretton Woods ConferenceBretton Woods Conference 1944The breakdown of the world economic system during the 1930s Great Depression convinced American and British planners of the need for a new international economic framework as part of the postwar settlement AngloAmerican discussions led by US Assistant Secretary of the Treasury Harry Dexter White and the British Treasury representative John Maynard Keynes began in 1942 These talks as well as intragovernmental